Facebook Hacker Cup announced

Prizes to be won for the best hacks

Facebook has announced the arrival of the Facebook 2011 Hacker Cup, which calls on those with a hacking brain to come and try and improve the website for cold, hard cash.

The Hacker Cup is a worldwide contest that begins in January and is focused on bringing the next big product to Facebook.

According to the social-networking site, the 2011 Facebook Hacker Cup is "the first annual Facebook programming contest where hackers compete against each other for fame, fortune, glory and a shot at the coveted Hacker Cup."

Algorithm of the night

If you look beyond the hyperbole, the reality sounds a little like a school test. But if successfully solving algorithmic-based problem statements sounds like your bag, then there's prize money at stake.